Fed's Yellen Meets With Conservative Activists

TODAY: Feb. 28, 2015 PUB DATE: Feb. 28, 2015

By Pedro Nicolaci da Costa A group of conservative activists worried the Federal Reserve has left interest rates too low for too long voiced their concerns directly to Janet Yellen, the central bank's chairwoman, during a meeting Friday. Ms. Yellen ...

After Yellen's Congressional Turn, Fed Officials Beat the Rate-Hike Drum

TODAY: Feb. 28, 2015 PUB DATE: Feb. 28, 2015

By Michael S. Derby Federal Reserve officials fanned out to drive home the message that they are likely to start raising short-term interest rates later this year, reinforcing Chairwoman Janet Yellen's remarks to Congress during this past week. Several central-bank ...

As Brazil Tightens Belt, Other Woes Follow

TODAY: Feb. 28, 2015 PUB DATE: Feb. 28, 2015

By Paulo Trevisani And Rogerio Jelmayer BRASÍLIA--President Dilma Rousseff's administration, fearful of a potential loss of Brazil's investment-grade debt rating, is stepping up austerity measures, angering supporters and exacerbating an already painful economic slowdown. The government on Thursday announced a ...

Oil Prices Rally Ahead of US Data -- 2nd Update

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Georgi Kantchev LONDON--Oil prices rallied on Friday ahead of key data expected to show another reduction in U.S. drilling activity. Crude futures have been whipsawing in recent weeks with the market weighing up signs of impending supply cuts and ...

China's Yuan Slumps on Growth Worries

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Anjani Trivedi China's yuan fell to its weakest level against the dollar in more than two years on Friday, extending a decline driven by the prospect of a slowdown in the world's second-largest economy. Investors have been selling the ...

Thailand's Slow Recovery Continues in January

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Nopparat Chaichalearmmongkol BANGKOK-Thailand's economy showed mixed signs of improvement in January, as tourist arrivals increased but consumption and investment remained flat, data from the Bank of Thailand showed Friday. More than 2.6 million tourists arrived in Thailand in January ...

Russia Proposes Maximizing Reserve Fund Use

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

MOSCOW--Russia's finance ministry has proposed increasing the maximum amount it can draw from the country's reserve fund by more than six fold, as the government faces strong economic headwinds and gaps in the oil-dependent budget, first deputy finance minister said ...

French January Consumer Spending Beats Expectations

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

PARIS--French consumer spending was stronger than expended in January, indicating the eurozone's second largest economy started 2015 on a firmer footing after three years of weak economic growth. Consumer spending--the largest factor of French economic growth--rose 0.6% in January from ...

French January Consumer Spending Beats Expectations

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By William Horobin PARIS--French consumer spending was stronger than expended in January, indicating the eurozone's second largest economy started 2015 on a firmer footing after three years of weak economic growth. Consumer spending--the largest factor of French economic growth--rose 0.6% ...

South Africa Jan Trade Balance Swung to ZAR24.2 Billion Deficit

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Patrick McGroarty JOHANNESBURG--South Africa's trade balance swung to an unexpectedly wide deficit in January, the latest blow to an economy struggling against slow growth and widespread power outages. South Africa's revenue service on Friday said the country posted a ...

U.S. Stocks Pause After GDP Data

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Saumya Vaishampayan And Corrie Driebusch U.S. stocks traded little changed Friday after data showed the economy returned to moderate growth in the fourth quarter. The Dow Jones Industrial Average slipped 13 points, or 0.1%, to 18200.33. The S&P; 500 ...

Diageo PLC Diageo completes acquisition of Tequila Don Julio

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

TIDMDGE RNS Number : 0921G Diageo PLC 27 February 2015 Friday 27 February 2015 DIAGEO COMPLETES ACQUISITION OF TEQUILA DON JULIO Diageo, a global leader in beverage alcohol, has today completed the acquisition of full global ownership and control of ...

MARKET SNAPSHOT: U.S. Stocks Trade Lower But Eyeing Monthly Gain

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Barbara Kollmeyer and Anora Mahmudova, MarketWatch Oil prices recover some from a drubbing NEW YORK (MarketWatch) -- U.S. stocks were stuck in the red on Friday but the main indexes were still on track to book modest weekly gains. ...

New Zealand ANZ February Business Confidence +34.4%; December +30.4%

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Rebecca Howard WELLINGTON, New Zealand--New Zealand business confidence pushed higher in February with firms' own activity expectations, employment and investment intentions all robust. "In cricketing parlance, New Zealand's innings is progressing nicely; there are runs on the board - ...

U.S. Stocks Pause After GDP Data

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Corrie Driebusch And Saumya Vaishampayan U.S. stocks traded little changed Friday after data showed the economy returned to moderate growth in the fourth quarter. The Dow Jones Industrial Average slipped 21 points, or 0.1%, to 18193. The S&P; 500 ...

Consumer-Price Decline Slows in Spain, Germany -- 4th Update

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Paul Hannon and David Román MADRID--Consumer prices in Germany and Spain fell again in February but at a slower pace than in January, while prices in Italy rose after two months of decline. The figures suggests that a period ...

U.S. GDP Growth Slows to 2.2% in Fourth Quarter--Update

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Jeffrey Sparshott WASHINGTON--The U.S. economy cooled in the final months of 2014, a return to the moderate growth that has marked much of the recovery. Gross domestic product, the broadest measure of goods and services produced across the economy, ...

Protect Yourself From Tax Identity Theft

TODAY: Feb. 27, 2015 PUB DATE: Feb. 27, 2015

By Laura Saunders Robert Scott Jack took precautions most people never dream of to prevent tax identity theft. Mr. Jack, a retired federal cybersecurity expert in Alexandria, Va., who now works as a consultant, shunned online tax-preparation programs that store ...